PepsiCo updates full-year outlook after moderate Q2 results

PepsiCo Beverages North America division’s net revenue decreased by 1%.

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Acquisition of Majority Stake in Refresco by KKR Completed Hans Roelofs, CEO, Refresco: “I am excited to start the next chapter in the development of our company, with KKR as our new majority owner. We will continue to execute our strategy, focused on growing alongside our customers and expanding into new categories and geographies. We look forward to leveraging KKR’s capabilities, operational expertise and commitment to sustainability to further strengthen our position and achieve our vision of ‘Our Drinks On Every Table’.”